Price Lines script for MetaTrader 4

The standard chart grid has a number of peculiarities, that do not allow to determine the price movement at first sight: the grid step changes dynamically when switching time frames, the step is not tied to the basic levels, such as 1.12000, like in the screenshot below.

The Price Lines script marks the price levels on the chart and supplements the chart grid. It helps to determine the fluctuations in the currency rates at a glance. It is possible to set the color, lines width and their step. The lines are automatically bound to the basic levels.

This script is especially useful on the EURUSD chart, as the price tends to “snap” to levels that are multiples of 50 and 100 points and to “drift” near them.

Price Lines script for MetaTrader 4

Free Download

Price Lines script for MetaTrader 4

MT4 Forex Script Characteristics

Platform: Metatrader 4

Type: Script

Time frames: any.

How to install Screenshot Script in MetaTrader 4 / MT4:

Copy and paste the BO_open_trade.mql4 files into the MQL4 Scripts folder of the Metatrader 4 trading platform.

Restart your MetaTrader 4 application (assuming it’s currently open) … or Launch your MetaTrader 4 application

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Script (paste here)

On the left hand side, look for the “Navigator” window and under the “Common” tab, look into the “Scripts” section

Locate the indicator which you have just downloaded into the folder stated in Step 1

Drag (Click and drag) the Script onto the chart (when you want the task to be performed)

your task should now be executed…

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